Brandywine Oak Private Wealth LLC Sells 389 Shares of Microsoft Co. (NASDAQ:MSFT)

Brandywine Oak Private Wealth LLC reduced its stake in shares of Microsoft Co. (NASDAQ:MSFT) by 1.4% in the 4th quarter, Holdings Channel reports. The firm owned 27,876 shares of the software giant’s stock after selling 389 shares during the quarter. Microsoft accounts for 1.1% of Brandywine Oak Private Wealth LLC’s investment portfolio, making the stock its 19th largest holding. Brandywine Oak Private Wealth LLC’s holdings in Microsoft were worth $11,750,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of MSFT. BCK Partners Inc. lifted its stake in shares of Microsoft by 1.8% during the 3rd quarter. BCK Partners Inc. now owns 1,353 shares of the software giant’s stock valued at $582,000 after buying an additional 24 shares in the last quarter. Muirfield Wealth Advisors LLC raised its holdings in Microsoft by 0.5% during the 4th quarter. Muirfield Wealth Advisors LLC now owns 4,427 shares of the software giant’s stock valued at $1,866,000 after acquiring an additional 24 shares during the period. Sequent Asset Management LLC lifted its position in shares of Microsoft by 1.3% during the third quarter. Sequent Asset Management LLC now owns 1,983 shares of the software giant’s stock worth $853,000 after acquiring an additional 25 shares in the last quarter. Cypress Point Wealth Management LLC boosted its holdings in shares of Microsoft by 0.8% in the third quarter. Cypress Point Wealth Management LLC now owns 3,208 shares of the software giant’s stock worth $1,380,000 after acquiring an additional 25 shares during the period. Finally, Riverstone Advisors LLC grew its position in shares of Microsoft by 0.6% in the third quarter. Riverstone Advisors LLC now owns 4,510 shares of the software giant’s stock valued at $1,941,000 after purchasing an additional 25 shares in the last quarter. 71.13% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on MSFT. Piper Sandler reissued an “overweight” rating and set a $520.00 price objective on shares of Microsoft in a report on Monday, January 27th. Scotiabank initiated coverage on shares of Microsoft in a report on Thursday, March 20th. They issued a “sector outperform” rating and a $470.00 price target on the stock. Tigress Financial boosted their price objective on shares of Microsoft from $550.00 to $595.00 and gave the company a “buy” rating in a research note on Thursday, March 20th. StockNews.com cut shares of Microsoft from a “buy” rating to a “hold” rating in a research note on Friday, February 28th. Finally, DA Davidson raised shares of Microsoft from a “neutral” rating to a “buy” rating and raised their price target for the company from $425.00 to $450.00 in a report on Thursday, March 13th. Four research analysts have rated the stock with a hold rating and twenty-eight have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $508.86.

Microsoft Stock Down 0.0 %

MSFT opened at $382.14 on Thursday. Microsoft Co. has a 12 month low of $367.24 and a 12 month high of $468.35. The company has a current ratio of 1.35, a quick ratio of 1.34 and a debt-to-equity ratio of 0.13. The business’s 50-day moving average price is $402.24 and its 200-day moving average price is $418.11. The company has a market cap of $2.84 trillion, a P/E ratio of 30.77, a P/E/G ratio of 2.21 and a beta of 0.92.

Microsoft (NASDAQ:MSFT) last announced its quarterly earnings results on Wednesday, January 29th. The software giant reported $3.23 EPS for the quarter, topping analysts’ consensus estimates of $3.15 by $0.08. Microsoft had a return on equity of 33.36% and a net margin of 35.43%. During the same period in the previous year, the company posted $2.93 EPS. On average, equities analysts expect that Microsoft Co. will post 13.08 EPS for the current year.

Microsoft Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 12th. Shareholders of record on Thursday, May 15th will be given a dividend of $0.83 per share. The ex-dividend date is Thursday, May 15th. This represents a $3.32 annualized dividend and a yield of 0.87%. Microsoft’s payout ratio is currently 26.73%.

Microsoft Profile

Microsoft Corporation develops and supports software, services, devices and solutions worldwide. The Productivity and Business Processes segment offers office, exchange, SharePoint, Microsoft Teams, office 365 Security and Compliance, Microsoft viva, and Microsoft 365 copilot; and office consumer services, such as Microsoft 365 consumer subscriptions, Office licensed on-premises, and other office services.